29, THE SPINNAKER, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GL - £540,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

29 THE SPINNAKER is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £540,000 in July 2019, which was around 8% below the average July 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

29 THE SPINNAKER Sold Prices

Land registry data shows four sales for 29 THE SPINNAKER since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. two of the four 29 THE SPINNAKER sales were for below the average price, and four were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 24 JUL	£540,000	£587,286	8% below HPI
2004 16 APR	£340,000	£310,507	9% above HPI
2002 15 NOV	£249,995	£272,382	8% below HPI
2000 3 MAR	£187,000	£173,379	8% above HPI

29 THE SPINNAKER Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 29 THE SPINNAKER sales between March 2000 and July 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 29 THE SPINNAKER?

29 THE SPINNAKER is 114m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses by size in South Woodham Ferrers, and where 29 THE SPINNAKER lies on this distribution: 55% of detached houses are smaller than 29 THE SPINNAKER, and 45% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

29 THE SPINNAKER: Plot and Title Map

29 THE SPINNAKER sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 29 THE SPINNAKER, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 29 THE SPINNAKER). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 29 THE SPINNAKER?

29 THE SPINNAKER is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 29 on THE SPINNAKER.